Deals
Berkshire’s CTB Buys Martin to Expand Grain-Handling Unit
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Berkshire Hathaway Inc.’s agricultural-products unit CTB Inc. purchased closely held Martin Industries Corp. to expand its offerings to the grain industry. Terms weren’t disclosed.
Martin and its subsidiaries including LeMar Industries make bucket elevators, grain conveyors and other devices for loading and unloading the crop from storage, according to a statement today by Milford, Indiana-based CTB. LeMar, based in Des Moines, Iowa, employs almost 200 people.